Agencies Announce Shared National Credit Definition Change

Sen. Elizabeth Warren (D-Mass.) and other Democrats are demanding that the Federal Reserve turn over information on recent changes to its bank supervision division following a media report that Fed staff are unhappy with those changes, the Wall...

The U.S. trade deficit was $70.3 billion in December, up $17.3 billion from $53 billion in November, the Commerce Department said. For 2025, the trade deficit decreased $2.1 billion, or 0.2%, from 2024.

The Federal Reserve will hold a hybrid public hearing in March as part of a congressionally mandated review to identify outdated and burdensome regulations.

Pending home sales in January dropped 0.8% from the prior month and 0.4% year over year, according to the National Association of Realtors.

The rate for a 30-year fixed-rate mortgage was 6.01% this week. The rate for a 15-year fixed-rate mortgage was 5.35%,

An association representing housing professionals expressed strong support for two ABA recommendations on how to reduce the compliance burden of the corporate alternative minimum tax on banks.